John Locke Foundation President John Hood discusses Gov. Beverly Perdue’s plans to use North Carolina’s “rainy day” reserve fund to help plug the state government’s budget hole. Hood offered these comments to Gerrick Brenner for a report on ABC 11 (WTVD) March 12, 2009.
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NC Rate Bureau requests rate increase of up to 83% for mobile home insurance
After requesting an average rate hike of 42% in homeowners’ insurance rates in January, now comes word that the North Carolina Rate Bureau (NCRB) wants to raise mobile home fire policies (MH-F) an average of 83% and 50% for casualty policies (MH-C), both broken down over a three-year period. That’s according to a press release from the North Carolina Department of Insurance (NCDOI).